Press Release

RALEIGH (Oct. 30, 2011) -- Progress Energy has deployed approximately 200 company employees and contractors to assist with power restorations in northern states following a historic snowstorm that hit the region over the weekend and left millions without power. Crews assembled Sunday morning and began their journey around midday. Progress Energy teams will be provide assistance to PECO and PPL in Pennsylvania, and Con Edison in New York. Crews will travel on Sunday and are expected to begin work on Monday.

Progress Energy maintains mutual assistance agreements with peer utilities to request or provide assistance following major storms. Progress Energy supplied crews to utilities in Alabama and Georgia earlier this year following a series of deadly tornadoes in April. The utility also received restoration assistance from peer utilities following Hurricane Irene in August.

Progress Energy (NYSE: PGN), headquartered in Raleigh, N.C., is a Fortune 500 energy company with more than 22,000 megawatts of generation capacity and approximately $10 billion in annual revenues. Progress Energy includes two major electric utilities that serve about 3.1 million customers in the Carolinas and Florida. The company has earned the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence, and was the first utility to receive the prestigious J.D. Power and Associates Founder's Award for customer service. The company is pursuing a balanced strategy for a secure energy future, which includes aggressive energy-efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system. Progress Energy celebrated a century of service in 2008. Visit the company’s website at www.progress-energy.com.